Vinyl Chemicals (India) Limited engages in the trading of various chemicals in India and internationally. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Vinyl Chemicals (India)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VINYLINDIA has not had significant price volatility in the past 3 months.
7 Day Return
IN Trade Distributors
1 Year Return
IN Trade Distributors
Return vs Industry: VINYLINDIA exceeded the Indian Trade Distributors industry which returned 48.8% over the past year.
Return vs Market: VINYLINDIA exceeded the Indian Market which returned 0.9% over the past year.
Price Volatility Vs. Market
How volatile is Vinyl Chemicals (India)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) An Attractive Dividend Stock?
1 month ago | Simply Wall StSome Shareholders Feeling Restless Over Vinyl Chemicals (India) Limited's (NSE:VINYLINDIA) P/E Ratio
2 months ago | Simply Wall StThree Days Left Until Vinyl Chemicals (India) Limited (NSE:VINYLINDIA) Trades Ex-Dividend
Is Vinyl Chemicals (India) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VINYLINDIA (₹100.45) is trading below our estimate of fair value (₹301.15)
Significantly Below Fair Value: VINYLINDIA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VINYLINDIA is poor value based on its PE Ratio (24.7x) compared to the IN Trade Distributors industry average (18.4x).
PE vs Market: VINYLINDIA is poor value based on its PE Ratio (24.7x) compared to the Indian market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VINYLINDIA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VINYLINDIA is overvalued based on its PB Ratio (3.1x) compared to the IN Trade Distributors industry average (0.6x).
How is Vinyl Chemicals (India) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vinyl Chemicals (India) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Vinyl Chemicals (India)'s financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vinyl Chemicals (India) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Vinyl Chemicals (India) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VINYLINDIA has high quality earnings.
Growing Profit Margin: VINYLINDIA's current net profit margins (2.5%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: VINYLINDIA's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: VINYLINDIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VINYLINDIA had negative earnings growth (-7%) over the past year, making it difficult to compare to the Trade Distributors industry average (-10.4%).
Return on Equity
High ROE: VINYLINDIA's Return on Equity (12.9%) is considered low.
How is Vinyl Chemicals (India)'s financial position?
Financial Position Analysis
Short Term Liabilities: VINYLINDIA's short term assets (₹1.5B) exceed its short term liabilities (₹938.1M).
Long Term Liabilities: VINYLINDIA's short term assets (₹1.5B) exceed its long term liabilities (₹6.4M).
Debt to Equity History and Analysis
Debt Level: VINYLINDIA's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: VINYLINDIA's debt to equity ratio has reduced from 1.4% to 0.8% over the past 5 years.
Debt Coverage: VINYLINDIA's debt is well covered by operating cash flow (10447.6%).
Interest Coverage: VINYLINDIA's interest payments on its debt are well covered by EBIT (311.4x coverage).
What is Vinyl Chemicals (India) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VINYLINDIA's dividend (2.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: VINYLINDIA's dividend (2.25%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).
Stability and Growth of Payments
Stable Dividend: VINYLINDIA's dividends per share have been stable in the past 10 years.
Growing Dividend: VINYLINDIA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.6%), VINYLINDIA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Madhukar Parekh (74 yo)
Mr. Madhukar Balvantray Parekh has been an Executive Chairman of Pidilite Industries Ltd since April 10, 2015. Mr. Parekh serves as the Managing Director of Vinyl Chemicals India Ltd. and has been its Chai ...
|Chairman & MD||no data||₹3.30m||0.68% |
|Non Executive Director||34.42yrs||₹261.00k||0.41% |
|Independent Non Executive Director||22.33yrs||₹279.00k||0.0016% |
|Independent Non Executive Director||32.17yrs||₹250.50k||0.015% |
|Non Executive Director||0.75yr||no data||0.52% |
|Non Executive & Independent Director||11.75yrs||₹294.00k||no data|
Experienced Board: VINYLINDIA's board of directors are seasoned and experienced ( 17 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Vinyl Chemicals (India) Limited's company bio, employee growth, exchange listings and data sources
- Name: Vinyl Chemicals (India) Limited
- Ticker: VINYLINDIA
- Exchange: NSEI
- Founded: 1986
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: ₹1.839b
- Shares outstanding: 18.34m
- Website: https://www.vinylchemicals.com
Number of Employees
- Vinyl Chemicals (India) Limited
- Ramkrishna Mandir Road
- Off Mathuradas Vasanji Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|524129||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1995|
|VINYLINDIA||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1995|
Vinyl Chemicals (India) Limited engages in the trading of various chemicals in India and internationally. It primarily sells vinyl acetate monomer. The company was incorporated in 1986 and is based in Mumb ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 12:34|
|End of Day Share Price||2020/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.